Most of the micro enterprises in the MSME sector transact largely in cash and hence do not have
accurately recorded financials.

Lack of financial documentation in this segment might be challenging
task for the credit assessment process. However, Veritas Finance has put in a robust Credit Screening
Process, with a keen focus to understand and address the perceived risk of these untested micro
enterprises of MSME segment in the absence of such documents.

Veritas Finance loans, where it is found necessary would be required to be secured by collateral of a
property. Given the way the land records are maintained and the nature of documentation, it is
most likely to face challenging issues like properties owned by minors, properties passed on through
unregistered partition deeds, inherited land without proper supporting documents, built on
encroached land etc.

Veritas Finance customers, who belong to the socially disadvantaged segment of the society, are
most likely to be unaware of these legal issues. Veritas Finance Legal scrutiny plays a critical role in
helping the customers, wherever possible offering legal support and services to ensure that the
customers get the properties secure and get clear and marketable title deeds of their properties.